2912 MEANDERING RIVER CT, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $2,401,688. For a well positioned listing in WESTVIEW, I'd target the $1,567,000 to $1,577,000 range. With 7 comparable homes on the market in WESTVIEW, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 2,607 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.36 acres, the lot is smaller than the 0.55 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WESTVIEW; a balanced market based on recent absorption. Recent trends in WESTVIEW show home values have fallen 30.1% since 6 months ago. The most comparable recent sale is 4313 Rio Robles DR, Austin TX 78746, with an adjusted value of $2,074,495; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group